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Crombie Real Estate Investment Trust (CRR_u.TO)

CRR_u.TO on Toronto Stock Exchange

14.38CAD
23 Apr 2019
Change (% chg)

$-0.03 (-0.21%)
Prev Close
$14.41
Open
$14.44
Day's High
$14.45
Day's Low
$14.23
Volume
391,381
Avg. Vol
174,967
52-wk High
$14.63
52-wk Low
$12.14

Latest Key Developments (Source: Significant Developments)

Crombie REIT Announces $161.6 Million Portfolio Disposition
Thursday, 11 Apr 2019 

April 11 (Reuters) - Crombie Real Estate Investment Trust ::CROMBIE REIT ANNOUNCES $161.6 MILLION PORTFOLIO DISPOSITION.CROMBIE REAL ESTATE INVESTMENT TRUST - TO SELL AN 89% NON-MANAGING INTEREST IN A 26 PROPERTY PORTFOLIO.CROMBIE REAL ESTATE INVESTMENT TRUST - CROMBIE WILL RETAIN AN 11% OWNERSHIP INTEREST AND WILL CONTINUE TO MANAGE AND OPERATE PROPERTIES.CROMBIE REAL ESTATE INVESTMENT TRUST - AGGREGATE PURCHASE PRICE FOR 89% INTEREST IN 29 PROPERTY PORTFOLIO IS APPROXIMATELY $190.9 MILLION.CROMBIE REIT - USE OF PROCEEDS WILL BE DIRECTED TOWARDS FUNDING OF CAPITAL INVESTMENTS IN SOBEYS OCCUPIED PROPERTIES, REPAYING EXISTING INDEBTEDNESS.CROMBIE - AS PARTIAL CONSIDERATION FOR DEAL, BUYER WILL ASSUME AN 89% INTEREST IN 10 MORTGAGES WHICH WILL BE ASSIGNED TO NEW JOINTLY OWNED NOMINEE.  Full Article

Crombie REIT Announces Upcoming Changes To Board Of Trustees
Thursday, 4 Apr 2019 

April 4 (Reuters) - Crombie Real Estate Investment Trust ::CROMBIE REIT ANNOUNCES UPCOMING CHANGES TO BOARD OF TRUSTEES.CROMBIE REIT-FRANK SOBEY, CHAIR OF BOARD OF TRUSTEES, BRIAN JOHNSON AND KENT SOBEY WILL RETIRE FROM BOARD OF TRUSTEES FOLLOWING CO'S AGM ON MAY 9.CROMBIE REIT - JASON SHANNON WILL STAND FOR TRUSTEE ELECTION AT AGM AFTER BEING AN EMPIRE COMPANY LTD APPOINTED TRUSTEE SINCE 2016.CROMBIE REAL ESTATE INVESTMENT TRUST - EMPIRE HAS NOTIFIED CROMBIE THAT JANA SOBEY WILL BE APPOINTED AS A TRUSTEE AS OF MAY 9TH, 2019 AGM.CROMBIE REAL ESTATE INVESTMENT TRUST - EMPIRE HAS RIGHT TO APPOINT FIVE TRUSTEES IN ADDITION TO SEVEN TRUSTEES ELECTED BY UNITHOLDERS.CROMBIE REIT - EMPIRE WILL RETAIN RIGHT TO APPOINT TWO TRUSTEES IN ADDITION TO THOSE CURRENTLY APPOINTED AND THOSE STANDING FOR ELECTION AT AGM.CROMBIE REAL ESTATE INVESTMENT TRUST - CROMBIE'S INCOMING BOARD CHAIR WILL BE APPOINTED AND ANNOUNCED FOLLOWING AGM.  Full Article

Crombie Real Estate Investment Trust Appoints Clinton Keay As CFO, Effective May 15, 2019
Thursday, 28 Mar 2019 

March 28 (Reuters) - Crombie Real Estate Investment Trust ::CROMBIE REIT ANNOUNCES APPOINTMENTS TO LEADERSHIP TEAM.CROMBIE REAL ESTATE INVESTMENT TRUST - CLINTON KEAY IS JOINING COMPANY AS CHIEF FINANCIAL OFFICER AND SECRETARY, EFFECTIVE MAY 15, 2019..CROMBIE REAL ESTATE INVESTMENT TRUST - KEAY FILLS POSITION CURRENTLY HELD BY GLENN HYNES.  Full Article

Crombie REIT Announces Fourth Quarter 2018 Results
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Crombie Real Estate Investment Trust ::CROMBIE REIT ANNOUNCES FOURTH QUARTER 2018 RESULTS.CROMBIE REAL ESTATE INVESTMENT TRUST QTRLY FFO PER UNIT C$0.31.CROMBIE REAL ESTATE INVESTMENT TRUST QTRLY AFFO PER UNIT C$0.26.CROMBIE REAL ESTATE INVESTMENT TRUST QTRLY PROPERTY REVENUE C$104.3 MILLION VERSUS C$105.67 MILLION.CROMBIE REAL ESTATE INVESTMENT TRUST QTRLY SAME-ASSET PROPERTY CASH NOI C$63.1 MILLION VERSUS C$61.05 MILLION.  Full Article

Crombie REIT's Realigned Leadership Team Includes Donald Clow as CEO
Thursday, 15 Nov 2018 

Nov 15 (Reuters) - Crombie Real Estate Investment Trust ::CROMBIE REIT ANNOUNCES ORGANIZATIONAL AND LEADERSHIP CHANGES.CROMBIE REAL ESTATE INVESTMENT TRUST - CROMBIE'S REALIGNED EXECUTIVE LEADERSHIP TEAM INCLUDES DONALD CLOW AS PRESIDENT AND CHIEF EXECUTIVE OFFICER.CROMBIE REIT - UNTIL NEW CFO APPOINTED, GLENN HYNES WILL CONTINUE IN THIS CAPACITY IN ADDITION TO HIS ROLE AS COO.CROMBIE REIT - CHIEF FINANCIAL OFFICER AND SECRETARY TO BE APPOINTED.CROMBIE REIT - REALIGNED EXECUTIVE LEADERSHIP TEAM INCLUDES GLENN HYNES IN NEWLY CREATED ROLE OF EXECUTIVE VICE PRESIDENT AND CHIEF OPERATING OFFICER.  Full Article

Crombie REIT Reopens $75 Mln Series B Notes
Tuesday, 28 Aug 2018 

Aug 28 (Reuters) - Crombie Real Estate Investment Trust ::CROMBIE REIT ANNOUNCES $75 MILLION RE-OPENING OF SERIES B NOTES.CROMBIE REIT- ENTERED INTO AGREEMENT WITH A SYNDICATE OF AGENTS TO SELL, ON PRIVATE PLACEMENT BASIS $75 MILLION SERIES B NOTES MATURING JUNE 1, 2021.CROMBIE REIT- ADDITIONAL NOTES SOLD AT A PRICE OF $1,002.02 PER $1,000.00 PRINCIPAL AMOUNT PLUS ACCRUED INTEREST.  Full Article

Crombie REIT Qtrly FFO Per Unit Diluted $0.31
Wednesday, 21 Feb 2018 

Feb 21 (Reuters) - Crombie Real Estate Investment Trust CRR_U.TO::CROMBIE REIT REPORTS FOURTH QUARTER 2017 RESULTS.QTRLY FFO PER UNIT DILUTED $0.31.QTRLY AFFO PER UNIT DILUTED $0.26.Q4 FFO PER SHARE VIEW C$0.30 -- THOMSON REUTERS I/B/E/S.  Full Article

Crombie REIT announces offering of $150 mln series D notes
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Crombie Real Estate Investment Trust :Crombie REIT announces offering of $150 million series d notes.Crombie Real Estate Investment Trust - ‍entered into agreement to issue $150 million aggregate principal amount series D notes maturing November 21, 2022​.Crombie Real Estate Investment Trust - ‍the notes, which will be issued at par, will bear interest at a rate of 4.066 pct per annum​.  Full Article

Crombie REIT qtrly FFO per unit - diluted $0.31‍​
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Crombie Real Estate Investment Trust ::Crombie REIT reports third quarter 2017 results.Crombie Real Estate Investment Trust says qtrly FFO per unit - diluted $0.31‍​.Crombie Real Estate Investment Trust says qtrly AFFO per unit - diluted $0.26‍​.Crombie Real Estate Investment Trust - qtrly property revenue $102.4 million versus $98.8 mln‍​.Crombie Real Estate Investment Trust - ‍same-asset property cash noi for three months ended September 30, 2017 increased by 1.7% or $1,010​.Crombie Real Estate Investment Trust - ‍occupancy, on a committed basis, was 94.7% at Sept 30, 2017 versus 94.4% at Dec 31, 2016 ​.  Full Article

Crombie REIT Q2 FFO per share C$0.29 excluding items
Wednesday, 9 Aug 2017 

Aug 9 (Reuters) - Crombie Real Estate Investment Trust :Crombie REIT reports second quarter 2017 results.Q2 FFO per share C$0.29 excluding items.Crombie Real Estate Investment Trust - ‍same-asset property cash NOI for three months ended June 30, 2017 increased by 3.4% or $1,971​.Crombie Real Estate Investment Trust - ‍occupancy, on a committed basis, was 94.6% at June 30, 2017 compared with 94.4% at December 31, 2016​.Crombie Real Estate Investment Trust qtrly ‍AFFO per unit $0.24​.  Full Article